EUR/GBP has broken a daily downtrend and an hourly downtrend.

We are waiting for a retest of the previous resistance which also is the 50% retracement of Fibonacci, and we are also waiting for it to act as a support to see the price fly up to 0.88555.

We need to be careful because the indicators are showing us an overbought EUR/GBP and the retracement could be further than expected
EURGBPFibonacciFibonacci RetracementForexforexsignalsSupport and ResistanceTechnical AnalysisTrend Lines

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